1 00:00:00,280 --> 00:00:03,560 Speaker 1: This is the business of sports where in the situation 2 00:00:03,640 --> 00:00:06,400 Speaker 1: that we haven't dealt with in modern times, pandemic here 3 00:00:06,440 --> 00:00:10,479 Speaker 1: has really accelerated the investments that we've been advocating for 4 00:00:10,480 --> 00:00:12,880 Speaker 1: for years. From a Macrow standpoint, I think our sport 5 00:00:12,920 --> 00:00:16,360 Speaker 1: industry is really forced to look at the business a 6 00:00:16,440 --> 00:00:19,639 Speaker 1: little bit differently. In depth conversations with the leaders in 7 00:00:19,720 --> 00:00:22,720 Speaker 1: the sports industry. Who wants to be the sacrificial lambs 8 00:00:22,800 --> 00:00:25,599 Speaker 1: That shows up that the first big major sporting event 9 00:00:25,680 --> 00:00:27,640 Speaker 1: were part of something much bigger than the sports right 10 00:00:27,680 --> 00:00:30,080 Speaker 1: now and the health and saptry of our stakeholders that 11 00:00:30,160 --> 00:00:32,839 Speaker 1: works much important every moment. I think we're all from 12 00:00:32,840 --> 00:00:35,560 Speaker 1: the business respective thinking about the impact that the virus 13 00:00:35,600 --> 00:00:38,479 Speaker 1: is having on across the country. Inst Bloomberg Business of 14 00:00:38,520 --> 00:00:42,400 Speaker 1: Sports from Bloomberg Radio. Hi everyone, I'm Jason Kelly, and 15 00:00:42,440 --> 00:00:45,080 Speaker 1: I'm Mike Lynch and I'm Michael bar Over the next hour, 16 00:00:45,200 --> 00:00:47,440 Speaker 1: we will explore the big money issues in the world 17 00:00:47,440 --> 00:00:49,479 Speaker 1: of sports and talk to some of the biggest players 18 00:00:49,560 --> 00:00:52,040 Speaker 1: in the industry. That's right coming up on the show, 19 00:00:52,040 --> 00:00:54,320 Speaker 1: We're gonna catch up with Amy Privitt Perco. She's the 20 00:00:54,320 --> 00:00:57,920 Speaker 1: Sea of the Night Commission on intercollegiate athletics. It's a 21 00:00:57,960 --> 00:01:02,880 Speaker 1: critical time for Ledge Sports to be sure. They've got 22 00:01:02,960 --> 00:01:06,000 Speaker 1: some major recommendations, and some of them have to do 23 00:01:06,080 --> 00:01:09,640 Speaker 1: with big time college football. And speaking of big time 24 00:01:09,680 --> 00:01:14,240 Speaker 1: college football, one of the greatest rivalries in college football, 25 00:01:14,600 --> 00:01:18,320 Speaker 1: Michigan versus Ohio State. Take a listen to what this 26 00:01:18,480 --> 00:01:23,040 Speaker 1: normally sounds like. Ohio State Michigan and we're on their 27 00:01:23,080 --> 00:01:27,319 Speaker 1: way from ann Arbor and over new silent Samy Scale. 28 00:01:27,480 --> 00:01:32,919 Speaker 1: It's a thing of down. The sound nine does touchdown 29 00:01:33,000 --> 00:01:39,880 Speaker 1: all right, just like that. Michigan takes their opening drop 30 00:01:40,000 --> 00:01:44,720 Speaker 1: all the way out of the field Ohio State and 31 00:01:44,840 --> 00:01:48,320 Speaker 1: running it. They'll get in J K. Dobbins easy doesn't 32 00:01:50,920 --> 00:01:54,080 Speaker 1: and the buck Eyes have a chance to take the league. 33 00:01:55,040 --> 00:01:56,960 Speaker 1: You know, we are long on time. We can edit 34 00:01:56,960 --> 00:02:03,960 Speaker 1: out the Ohio State touch now, So, guys, that whole 35 00:02:04,200 --> 00:02:08,840 Speaker 1: notion of crowd noise and somebody calling a game and 36 00:02:09,000 --> 00:02:13,360 Speaker 1: touchdowns being scored not gonna happen this year between the 37 00:02:13,360 --> 00:02:17,760 Speaker 1: Wolverines and the buck Eyes. That game has been canceled. 38 00:02:18,160 --> 00:02:21,360 Speaker 1: The latest game that's not going to happen in this 39 00:02:21,400 --> 00:02:26,640 Speaker 1: college football season. A great rivalry Lynchy, but COVID strikes again, 40 00:02:27,480 --> 00:02:30,040 Speaker 1: it does, and I'm I don't think many people would 41 00:02:30,040 --> 00:02:32,240 Speaker 1: be singing Hill to the victors even if they did play. 42 00:02:32,240 --> 00:02:34,959 Speaker 1: I think Ohio State would run all over them. But 43 00:02:35,040 --> 00:02:37,240 Speaker 1: it's it's a shame, and you know, we saw this 44 00:02:37,320 --> 00:02:39,680 Speaker 1: coming a week ago in Michigan. Just hit the pause 45 00:02:39,760 --> 00:02:42,560 Speaker 1: button on everything. But you know, Ohio State is still 46 00:02:42,600 --> 00:02:45,880 Speaker 1: gonna wiggle its way into the conference championship game because 47 00:02:46,720 --> 00:02:50,080 Speaker 1: last year, the Big Ten received six million dollars for 48 00:02:50,120 --> 00:02:52,960 Speaker 1: having a Big Ten team in the college football playoffs. 49 00:02:53,000 --> 00:02:55,280 Speaker 1: So I think that the league they bent their rules 50 00:02:55,320 --> 00:02:57,280 Speaker 1: a little bit, and I think the ulterior motive was 51 00:02:57,360 --> 00:03:00,560 Speaker 1: to get Ohio State into that national championship playoffs so 52 00:03:00,600 --> 00:03:05,200 Speaker 1: they could get some money back. Yeah. I mean, there's 53 00:03:05,320 --> 00:03:09,359 Speaker 1: so much contortionism that seems to be happening, Michael Barr 54 00:03:09,639 --> 00:03:11,600 Speaker 1: when it comes to college football season. We're going to 55 00:03:11,680 --> 00:03:14,280 Speaker 1: talk about that with with Amy Privott Perco coming up 56 00:03:14,280 --> 00:03:18,240 Speaker 1: in a few minutes. But this is I know that 57 00:03:18,280 --> 00:03:20,600 Speaker 1: you can make the argument that this is about the athletes, 58 00:03:20,639 --> 00:03:23,560 Speaker 1: this is about the students, Let's be honest, It's about money. 59 00:03:23,600 --> 00:03:28,079 Speaker 1: Oh yeah, this is definitely about money. And it's what's 60 00:03:28,160 --> 00:03:33,519 Speaker 1: sad is Yes, this was the time that I'm ready 61 00:03:33,560 --> 00:03:36,920 Speaker 1: to watch Michigan in Olisle State and I've got my 62 00:03:37,000 --> 00:03:41,440 Speaker 1: beer and I'm all set and blue. That's it. And 63 00:03:41,480 --> 00:03:43,360 Speaker 1: what but I mean, the problem is that you know, 64 00:03:43,560 --> 00:03:48,000 Speaker 1: the Michigan's team, they have the coronavirus outbreak and it's 65 00:03:48,120 --> 00:03:51,040 Speaker 1: you know, it's now went into a second week. And 66 00:03:52,400 --> 00:03:54,200 Speaker 1: this is what it comes down to. And this is 67 00:03:54,240 --> 00:03:58,440 Speaker 1: what we talked about earlier, is that, yes, it's great 68 00:03:58,520 --> 00:04:02,000 Speaker 1: to have the sports go out there and we enjoy it, 69 00:04:02,600 --> 00:04:06,320 Speaker 1: but we're trying to play it in COVID and it's 70 00:04:06,400 --> 00:04:10,280 Speaker 1: all great and nice until mama's son comes down with 71 00:04:10,320 --> 00:04:14,560 Speaker 1: this virus. And and this is a problem. I don't 72 00:04:14,560 --> 00:04:17,120 Speaker 1: know what to do about it, outside of maybe you 73 00:04:17,160 --> 00:04:20,039 Speaker 1: do just have to shut it down a bit. Well, 74 00:04:20,080 --> 00:04:22,839 Speaker 1: one of the leading voices in all of college sports, 75 00:04:22,839 --> 00:04:25,520 Speaker 1: one of the most legendary coaches, he's got an idea 76 00:04:25,520 --> 00:04:28,760 Speaker 1: about it. Take a listen. I would just like for 77 00:04:29,480 --> 00:04:32,360 Speaker 1: just for the safety, the mental health and the physical 78 00:04:32,400 --> 00:04:35,840 Speaker 1: health of our players and staff, for their like to 79 00:04:35,960 --> 00:04:39,359 Speaker 1: assess where we're at. You know, in our country today, 80 00:04:39,640 --> 00:04:43,719 Speaker 1: there's you have two thousand deaths a day. You know, 81 00:04:43,960 --> 00:04:48,080 Speaker 1: you have two thousand cases a million and a half. 82 00:04:48,520 --> 00:04:53,880 Speaker 1: Last week, you have people saying that the next six 83 00:04:53,960 --> 00:04:57,160 Speaker 1: weeks are going to be the worst. To me, it's 84 00:04:57,200 --> 00:05:01,520 Speaker 1: already pretty bad. And that, of course is coach k 85 00:05:02,080 --> 00:05:08,800 Speaker 1: Mike Sasowski, the longtime legendary coach of Duke, essentially saying, 86 00:05:09,120 --> 00:05:12,960 Speaker 1: we need to think about this basketball season. Now. Let's 87 00:05:13,000 --> 00:05:18,800 Speaker 1: talk about the money that is the single biggest contributor 88 00:05:19,000 --> 00:05:23,000 Speaker 1: to the n c Double A revenue wise, March Madness. 89 00:05:23,560 --> 00:05:25,400 Speaker 1: In order to have March Madness, you need to have 90 00:05:25,440 --> 00:05:29,840 Speaker 1: a season. We didn't have a March Madness last year. 91 00:05:29,880 --> 00:05:31,880 Speaker 1: We didn't have an NC Double A tournament in men's 92 00:05:31,920 --> 00:05:36,320 Speaker 1: Division one college basketball, Lynchy, what should we do well? 93 00:05:36,400 --> 00:05:39,360 Speaker 1: March Madness generates six hundred million dollars for the three 94 00:05:39,880 --> 00:05:43,719 Speaker 1: fifty one schools to participate in Division one basketball. The 95 00:05:43,760 --> 00:05:46,200 Speaker 1: cynic in me when I hear Mike Sachowski says he 96 00:05:46,200 --> 00:05:47,760 Speaker 1: doesn't think he has a chance to win it all 97 00:05:47,800 --> 00:05:49,599 Speaker 1: this year, so he's got to call the season off. 98 00:05:50,560 --> 00:05:53,159 Speaker 1: He's lost to Michigan State in Illinois already with wins 99 00:05:53,200 --> 00:05:57,640 Speaker 1: over Balor Mine and Coppin State. UM, my recommendation would 100 00:05:57,640 --> 00:05:59,480 Speaker 1: be hit. If the next six weeks are going to 101 00:05:59,560 --> 00:06:01,720 Speaker 1: be so bad. Let's hit the pause button and let's 102 00:06:01,720 --> 00:06:04,719 Speaker 1: come back and revisit it after six weeks. What do 103 00:06:04,720 --> 00:06:07,200 Speaker 1: you think, Bar, what do you do? And we were 104 00:06:07,320 --> 00:06:11,839 Speaker 1: talking about this, uh topic here in the office, and yeah, 105 00:06:11,880 --> 00:06:14,120 Speaker 1: and Lynch, you got a point. Okay, hit the pause 106 00:06:14,160 --> 00:06:18,800 Speaker 1: button and then let's everybody you know, get in position 107 00:06:18,880 --> 00:06:21,240 Speaker 1: to you know, to do what you have to do. 108 00:06:21,640 --> 00:06:24,080 Speaker 1: If you have to to bubble, go ahead and bubble 109 00:06:24,360 --> 00:06:28,080 Speaker 1: to get ready to play the quote unquote March Madness 110 00:06:28,120 --> 00:06:33,400 Speaker 1: tournament in Indianapolis. And you can do it. But I 111 00:06:33,440 --> 00:06:35,560 Speaker 1: hate to say it sometimes, you know, college kids are 112 00:06:35,560 --> 00:06:40,800 Speaker 1: gonna be college kids and you have to follow the 113 00:06:40,920 --> 00:06:45,560 Speaker 1: rules here. If we're going to do that, and I agree, Uh, Lynch, 114 00:06:45,720 --> 00:06:48,320 Speaker 1: maybe just hit the pause button for several weeks. If 115 00:06:48,360 --> 00:06:51,000 Speaker 1: we're going to have a tournament, well we're gonna talk 116 00:06:51,000 --> 00:06:53,960 Speaker 1: about this coming up with Amy Privot Perko, CEO of 117 00:06:53,960 --> 00:06:57,279 Speaker 1: the Night Commission on Intercollegiate Athletics, And just a little 118 00:06:57,279 --> 00:07:01,760 Speaker 1: bit of a teaser, Bar, she you know, might be 119 00:07:01,839 --> 00:07:05,320 Speaker 1: of the opinion that just because it's called March madness 120 00:07:05,400 --> 00:07:09,520 Speaker 1: doesn't mean that the madness can't be transported. Our commission 121 00:07:09,520 --> 00:07:13,960 Speaker 1: recognizes that far reaching. Governance reform will not take place overnight. 122 00:07:14,480 --> 00:07:17,040 Speaker 1: At the same time, it believes that discussions on a 123 00:07:17,080 --> 00:07:21,560 Speaker 1: new government structure for Division one can, should, and must 124 00:07:21,920 --> 00:07:26,560 Speaker 1: begin immediately. Governors reform is urgent, not a wishless item 125 00:07:26,720 --> 00:07:29,320 Speaker 1: to consider some time down the road. And that is 126 00:07:29,400 --> 00:07:32,720 Speaker 1: Arnie Duncan, former Secretary of Education and now the co 127 00:07:32,880 --> 00:07:36,280 Speaker 1: chair of the Night Commission on Intercollegiate Athletics. Well, thank 128 00:07:36,280 --> 00:07:38,120 Speaker 1: you so much for joining us. We're here each and 129 00:07:38,240 --> 00:07:40,040 Speaker 1: every week for you at the same time talking to 130 00:07:40,080 --> 00:07:43,160 Speaker 1: the biggest names in sports. I'm Jason Kelly alongside Michae 131 00:07:43,200 --> 00:07:46,320 Speaker 1: Lynch and Michael Barr Today. Really excited to be speaking 132 00:07:46,320 --> 00:07:48,880 Speaker 1: with Amy Privett Perko. She is CEO of the Night 133 00:07:48,960 --> 00:07:53,280 Speaker 1: Commission on Intercollegiate Athletics. She's got a lot going on. 134 00:07:53,440 --> 00:07:56,280 Speaker 1: Amy joins this from Faytteville, North Carolina. Amy, Really nice 135 00:07:56,320 --> 00:07:59,520 Speaker 1: to have you on the show. Great to be here. Yeah, 136 00:07:59,560 --> 00:08:02,920 Speaker 1: I'm really excited about this because it's a fascinating time 137 00:08:03,040 --> 00:08:07,240 Speaker 1: for college sports, for sports overall, and you know I 138 00:08:07,400 --> 00:08:08,760 Speaker 1: and I think I speak for the team here and 139 00:08:08,840 --> 00:08:12,320 Speaker 1: fascinating by the work that you're doing because you came 140 00:08:12,360 --> 00:08:16,840 Speaker 1: out with a pretty bold proposal about Division one athletics. 141 00:08:17,000 --> 00:08:20,680 Speaker 1: It is the moneymaker in many ways, especially when we 142 00:08:20,680 --> 00:08:23,880 Speaker 1: talk about college football. Tell us what you guys are recommending, 143 00:08:23,960 --> 00:08:27,600 Speaker 1: let's start there. Yeah, sure, And and before we start 144 00:08:27,640 --> 00:08:30,320 Speaker 1: there with the recommendation, let me just emphasize that the 145 00:08:30,440 --> 00:08:34,120 Speaker 1: Night Night Commission we're you know, a thought leadership group 146 00:08:34,160 --> 00:08:39,920 Speaker 1: of current and former presidents, um athletic administrators, former college athletes, 147 00:08:40,640 --> 00:08:44,440 Speaker 1: all who share the goal of and passion about college sports, 148 00:08:45,200 --> 00:08:49,040 Speaker 1: you know, as as part of the university and developing 149 00:08:49,080 --> 00:08:53,800 Speaker 1: young people. And so we don't have any self interest 150 00:08:53,920 --> 00:08:57,880 Speaker 1: in terms of changing the system um to you know, 151 00:08:58,000 --> 00:09:01,480 Speaker 1: to to receive more money or to get more power 152 00:09:01,600 --> 00:09:04,960 Speaker 1: in certain places. And it's all the work that we 153 00:09:05,040 --> 00:09:08,200 Speaker 1: do is is for the purposes of improving college sports 154 00:09:08,240 --> 00:09:11,960 Speaker 1: for the college athletes and for our universities. And we 155 00:09:12,000 --> 00:09:14,960 Speaker 1: believe Division one is really in a fragile state right now. 156 00:09:15,040 --> 00:09:18,400 Speaker 1: So these recommendations and all of the work we've done 157 00:09:18,400 --> 00:09:21,680 Speaker 1: this past year is really just strengthen college sports for 158 00:09:21,720 --> 00:09:26,160 Speaker 1: the future. And you know, the recommendations blow down to 159 00:09:26,280 --> 00:09:30,880 Speaker 1: really three major changes. One is that we believe that 160 00:09:31,000 --> 00:09:35,640 Speaker 1: there should be a separate entity created to govern UH 161 00:09:35,880 --> 00:09:40,000 Speaker 1: football at the at what is currently the FDS level. 162 00:09:40,120 --> 00:09:43,640 Speaker 1: So the highest level of college football should have its 163 00:09:43,679 --> 00:09:48,040 Speaker 1: own separate entity, and that entity should be UH supported 164 00:09:48,080 --> 00:09:51,520 Speaker 1: and funded by the College Football Playoff, which a lot 165 00:09:51,559 --> 00:09:55,080 Speaker 1: of people don't realize is actually, you know, independent of 166 00:09:55,160 --> 00:09:57,679 Speaker 1: the n c a A. It's managed by an independent 167 00:09:57,840 --> 00:10:02,760 Speaker 1: LLC by the football conferences. And that uh, that playoff 168 00:10:02,840 --> 00:10:05,840 Speaker 1: currently generates more than four hundred sixty million dollars a year. 169 00:10:06,360 --> 00:10:09,040 Speaker 1: So that's that's number one that that would be created. 170 00:10:09,120 --> 00:10:12,000 Speaker 1: And then secondly, the n c a A then would 171 00:10:12,080 --> 00:10:17,400 Speaker 1: continue its role in governing UM all other college sports 172 00:10:17,440 --> 00:10:20,840 Speaker 1: at the Division one level, and you know that includes 173 00:10:21,200 --> 00:10:24,760 Speaker 1: UH mandalmen's basketball and of course the March Madness tournament 174 00:10:24,920 --> 00:10:28,840 Speaker 1: that frankly generates all of the revenues for the n 175 00:10:28,840 --> 00:10:32,400 Speaker 1: c A and they would continue to govern and manage 176 00:10:32,440 --> 00:10:36,520 Speaker 1: the thirty other Division one sports. Another you know, important 177 00:10:36,559 --> 00:10:39,840 Speaker 1: fact that folks don't realize is that they're over one 178 00:10:39,920 --> 00:10:45,920 Speaker 1: hundred and eighty thousand Division one college students participating in 179 00:10:45,920 --> 00:10:49,280 Speaker 1: in the one athletics every year, less than eight percent 180 00:10:49,360 --> 00:10:53,719 Speaker 1: of those athletes or football players. And then thirdly, UM 181 00:10:54,000 --> 00:10:56,440 Speaker 1: and we put forward a set of principles that should 182 00:10:56,440 --> 00:11:00,800 Speaker 1: guide both governing entities. So we're we're not looking for 183 00:11:00,840 --> 00:11:04,440 Speaker 1: these entities to walk away from the values in the 184 00:11:04,520 --> 00:11:07,760 Speaker 1: in the core principles of college sports and in what 185 00:11:07,800 --> 00:11:11,000 Speaker 1: we believe it should be UM and so those principles 186 00:11:11,000 --> 00:11:15,400 Speaker 1: are there to help guide both entities in this new structure. 187 00:11:16,440 --> 00:11:18,640 Speaker 1: I want to expand more on what you were saying, 188 00:11:18,640 --> 00:11:21,760 Speaker 1: And I was going through the press packet a hundred 189 00:11:21,800 --> 00:11:25,400 Speaker 1: fourteen years the n C Double as history, and the 190 00:11:25,679 --> 00:11:30,000 Speaker 1: Night Commission concluded basically that the n C Double A 191 00:11:30,040 --> 00:11:34,000 Speaker 1: Division one is no longer keeping pace with the rapid 192 00:11:34,000 --> 00:11:39,080 Speaker 1: commercial growth of college athletics, especially in football. Can you 193 00:11:39,160 --> 00:11:42,000 Speaker 1: expand more on that? What what is the n C 194 00:11:42,160 --> 00:11:45,199 Speaker 1: Double A doing to not keep up? I guess that's 195 00:11:45,240 --> 00:11:48,040 Speaker 1: the best way I'm trying to say it. Yeah, No, 196 00:11:48,120 --> 00:11:51,640 Speaker 1: that's it's it's this great question. And you know, one 197 00:11:51,679 --> 00:11:53,760 Speaker 1: of the things we did in our presentation of folks 198 00:11:53,760 --> 00:11:56,320 Speaker 1: who are interested in in learning more about the history 199 00:11:56,360 --> 00:12:00,480 Speaker 1: as we put together just a slide that showed, you know, 200 00:12:00,559 --> 00:12:03,640 Speaker 1: the key markers over the hundred fourteen year history of 201 00:12:03,679 --> 00:12:06,199 Speaker 1: the n C A A and and you look at 202 00:12:06,200 --> 00:12:09,880 Speaker 1: that marker and it shows that there has been you know, 203 00:12:10,000 --> 00:12:14,319 Speaker 1: tremendous evolution in the governance. And we see this step 204 00:12:14,600 --> 00:12:19,839 Speaker 1: as just another evolution in what has um, what has 205 00:12:19,880 --> 00:12:23,800 Speaker 1: transpired over the past one fourteen years. And you know, 206 00:12:23,840 --> 00:12:26,440 Speaker 1: of course, the n c a A was founded frankly 207 00:12:26,480 --> 00:12:32,280 Speaker 1: because of football UM and and the demand that President 208 00:12:32,320 --> 00:12:36,760 Speaker 1: Theodore Roosevelt put out after a season of I think 209 00:12:36,760 --> 00:12:41,679 Speaker 1: it's around fourteen fatalities and hundreds of serious injuries to 210 00:12:41,760 --> 00:12:45,840 Speaker 1: football players UM, the demand was made the university presidents 211 00:12:46,280 --> 00:12:49,040 Speaker 1: either make the sports safer or abolish it. And so 212 00:12:49,120 --> 00:12:54,160 Speaker 1: that was uh, the genesis of the National Association founded 213 00:12:54,200 --> 00:12:57,959 Speaker 1: around that. But over that hundred fourteen years, UH, there's 214 00:12:58,040 --> 00:13:03,960 Speaker 1: been a consistent pattern of football UM moving away from 215 00:13:03,960 --> 00:13:06,280 Speaker 1: the n c a A in various ways at the 216 00:13:06,360 --> 00:13:11,720 Speaker 1: highest level and seeking more economy UM. And so the 217 00:13:11,760 --> 00:13:15,960 Speaker 1: present day kind of dysfunction is that you know, again, 218 00:13:16,080 --> 00:13:22,120 Speaker 1: the the national Championship, the Marquee Championship for FPS football 219 00:13:22,360 --> 00:13:25,520 Speaker 1: is managed independent of the n c a A. UH. 220 00:13:25,559 --> 00:13:28,400 Speaker 1: The the n c A does not receive any money 221 00:13:28,440 --> 00:13:33,079 Speaker 1: at all from from football and yet it's responsible for 222 00:13:34,200 --> 00:13:39,239 Speaker 1: UM all of the national operations like things like enforcement, 223 00:13:40,200 --> 00:13:45,040 Speaker 1: health and safety, litigation cost UM and then the bottom 224 00:13:45,080 --> 00:13:47,199 Speaker 1: line is you know, we don't think that the current 225 00:13:47,280 --> 00:13:54,280 Speaker 1: structure works well for FBS football. It's a very fragmented government. Um. 226 00:13:54,320 --> 00:13:57,920 Speaker 1: You know, it is the most powerful sports in college athletics, 227 00:13:57,920 --> 00:14:01,200 Speaker 1: that it has far reaching impact on all of the 228 00:14:01,240 --> 00:14:05,520 Speaker 1: other sports. And yet no single entity is in charge 229 00:14:05,520 --> 00:14:09,800 Speaker 1: of governing the sport of FBS football. Um. And that 230 00:14:09,920 --> 00:14:14,680 Speaker 1: was made clearly, um, you know, very obvious this year 231 00:14:14,800 --> 00:14:19,320 Speaker 1: during the pandemic, when there were many disjointed and fragmented 232 00:14:19,360 --> 00:14:24,280 Speaker 1: decision making about you know, when to play, how to play, 233 00:14:24,280 --> 00:14:28,280 Speaker 1: when the start, what protocol should be in place, and frankly, 234 00:14:28,360 --> 00:14:35,280 Speaker 1: that kind of disjointed decision making continues even today. Hi Amy, 235 00:14:35,360 --> 00:14:37,400 Speaker 1: this is Mike Lynch up in Boston. We only have 236 00:14:37,560 --> 00:14:41,200 Speaker 1: one FBS team up here at Boston College. Obviously, Um, 237 00:14:41,240 --> 00:14:42,800 Speaker 1: how did we get here? How do we get to 238 00:14:42,840 --> 00:14:45,960 Speaker 1: this point? I mean had his football has just been 239 00:14:46,000 --> 00:14:48,640 Speaker 1: running through stop signs for years and years and years, 240 00:14:48,680 --> 00:14:51,000 Speaker 1: and finally the commission has just come up and said enough. 241 00:14:54,000 --> 00:14:58,880 Speaker 1: You know, It's it's interesting because football is very you 242 00:14:58,920 --> 00:15:02,560 Speaker 1: know again, it's the one unique sport in the n 243 00:15:02,600 --> 00:15:05,800 Speaker 1: c A structure. The n c A by laws basically 244 00:15:05,880 --> 00:15:08,720 Speaker 1: say to be an n c A sport. The n 245 00:15:08,760 --> 00:15:11,640 Speaker 1: c A has to run your national championship, so it 246 00:15:11,640 --> 00:15:16,280 Speaker 1: has to control the championship and the revenues. And you know, 247 00:15:16,400 --> 00:15:20,440 Speaker 1: for all other sports, UH, men's basketball is really the 248 00:15:20,480 --> 00:15:27,400 Speaker 1: only net positive net UH revenue generator. I think baseball championship, 249 00:15:27,480 --> 00:15:32,800 Speaker 1: the College World Series is pretty positive as well. UM. 250 00:15:32,880 --> 00:15:34,760 Speaker 1: But across the board, the n c A gets all 251 00:15:34,800 --> 00:15:38,880 Speaker 1: its money UH for its operations and then since around 252 00:15:38,880 --> 00:15:43,280 Speaker 1: six hundred million dollars a year back to schools in 253 00:15:43,360 --> 00:15:47,680 Speaker 1: a typical March Madness situation. So football is the only 254 00:15:47,720 --> 00:15:50,440 Speaker 1: sport that's considered an n c A sport at the 255 00:15:50,520 --> 00:15:53,560 Speaker 1: FBS level, but to run but it's championship is run 256 00:15:53,600 --> 00:15:56,040 Speaker 1: outside the n c A A. And in terms of 257 00:15:56,040 --> 00:16:00,320 Speaker 1: the question how we got here, um, you know, again 258 00:16:00,360 --> 00:16:03,720 Speaker 1: there's there's been a consistent pattern through the years of 259 00:16:03,920 --> 00:16:08,680 Speaker 1: different milestones. And one of the key milestones and prior 260 00:16:08,680 --> 00:16:12,640 Speaker 1: to eighty four, the n c A actually controlled the 261 00:16:12,720 --> 00:16:17,640 Speaker 1: television rights UH for regular season football and UH, the 262 00:16:17,880 --> 00:16:22,400 Speaker 1: the members Georgia and University of Georgian Oklahoma actually sued 263 00:16:22,440 --> 00:16:24,880 Speaker 1: the n c A A and that led to the 264 00:16:24,920 --> 00:16:30,120 Speaker 1: Supreme Court decision UM that basically strip the n c 265 00:16:30,160 --> 00:16:35,120 Speaker 1: A of its his control over UH college football, and 266 00:16:35,160 --> 00:16:40,120 Speaker 1: then that led to UM, you know, the conferences UH 267 00:16:40,360 --> 00:16:45,320 Speaker 1: negotiating their own TV deals and controlling UM college football. 268 00:16:45,400 --> 00:16:48,000 Speaker 1: And so you saw, you know, in the eighties and nineties, 269 00:16:48,360 --> 00:16:52,560 Speaker 1: you know, tremendous growth in and media rights UM for 270 00:16:52,760 --> 00:16:57,800 Speaker 1: those conference contracts, and then quite frankly, the consolidation of 271 00:16:57,840 --> 00:17:00,360 Speaker 1: all the bowl system into a you know, a true 272 00:17:00,440 --> 00:17:04,920 Speaker 1: national championship first with the BCS, now with the CFP 273 00:17:05,760 --> 00:17:10,399 Speaker 1: has infused you know, again other hundreds of millions of 274 00:17:10,400 --> 00:17:13,520 Speaker 1: dollars into the system, but again outside of the n 275 00:17:13,560 --> 00:17:17,280 Speaker 1: c A control UM. And so when you look at 276 00:17:17,920 --> 00:17:20,720 Speaker 1: kind of the evolution of how all those things occurred, 277 00:17:21,480 --> 00:17:25,800 Speaker 1: and you know, we we've created lots of financial charts 278 00:17:25,800 --> 00:17:27,960 Speaker 1: and graphs that show you know, what it means in 279 00:17:28,080 --> 00:17:31,160 Speaker 1: terms of the bottom line, but you know, there's been 280 00:17:31,960 --> 00:17:36,120 Speaker 1: billions of dollars that have come into the system UM 281 00:17:36,160 --> 00:17:38,919 Speaker 1: that are really just under the control primarily of the 282 00:17:39,040 --> 00:17:46,760 Speaker 1: five major football conferences. And again those revenues have flowed 283 00:17:46,800 --> 00:17:53,639 Speaker 1: disproportionately to UH coaches salaries, UH growth in personnel and 284 00:17:54,040 --> 00:17:58,560 Speaker 1: UM and paying bet service on a lot of facility 285 00:17:58,640 --> 00:18:03,400 Speaker 1: enhancement and improved it. So you know there's been um, 286 00:18:03,440 --> 00:18:07,440 Speaker 1: you know, increasing revenues and being able to generate lots 287 00:18:07,440 --> 00:18:11,159 Speaker 1: of revenues off of the popularity of college sports is 288 00:18:11,160 --> 00:18:16,240 Speaker 1: a good thing. And but you know the where the 289 00:18:16,240 --> 00:18:21,280 Speaker 1: money has gone has not been, uh, has not produced 290 00:18:21,280 --> 00:18:24,640 Speaker 1: the best result in terms of strengthening the college sports 291 00:18:24,880 --> 00:18:29,840 Speaker 1: mission as as a whole and improving all aspects of 292 00:18:29,880 --> 00:18:34,040 Speaker 1: the college athlete experience. So you know that's there are 293 00:18:34,040 --> 00:18:36,840 Speaker 1: a lot of the implications there, um, but again the 294 00:18:36,840 --> 00:18:39,879 Speaker 1: bottom lines that relates Steffist football because there needs to 295 00:18:39,880 --> 00:18:44,959 Speaker 1: be a greater accountability for the sport within the system. Well, 296 00:18:45,000 --> 00:18:46,720 Speaker 1: thanks so much for joining us. We're here each and 297 00:18:46,760 --> 00:18:48,320 Speaker 1: every week for you. At the same time talking to 298 00:18:48,320 --> 00:18:51,080 Speaker 1: the biggest names in sports. I'm Jason Kelly, along with 299 00:18:51,119 --> 00:18:52,879 Speaker 1: Mike Lynch and Michael bart Let's get back to our 300 00:18:52,920 --> 00:18:56,040 Speaker 1: conversation with Amy Privitt Perko. She is the CEO of 301 00:18:56,040 --> 00:18:59,840 Speaker 1: the Night Commission on Intercollegiate Athletics. You know, Amy, it 302 00:19:00,000 --> 00:19:03,200 Speaker 1: does strike me that one of the elements of big 303 00:19:03,240 --> 00:19:08,400 Speaker 1: money uh potentially or presumably that's coming down the pike 304 00:19:08,560 --> 00:19:11,920 Speaker 1: here is around name, image and likeness. I know that 305 00:19:11,920 --> 00:19:14,800 Speaker 1: that is an area where you guys have done a 306 00:19:14,800 --> 00:19:17,119 Speaker 1: lot of thought, a lot of study. Where does the 307 00:19:17,240 --> 00:19:19,879 Speaker 1: Night Commission come down on what the right way is 308 00:19:19,920 --> 00:19:24,159 Speaker 1: to approach it? The right way for college athletes maybe 309 00:19:24,200 --> 00:19:29,760 Speaker 1: to to get some some actual value accruing to them, uh, 310 00:19:29,960 --> 00:19:34,720 Speaker 1: for themselves. Yeah, no, great question, and that that's uh. 311 00:19:34,920 --> 00:19:39,479 Speaker 1: The changes around name image likeness are coming in. Uh. 312 00:19:39,680 --> 00:19:43,159 Speaker 1: We expect, you know, by next fall there will be 313 00:19:43,200 --> 00:19:46,719 Speaker 1: a new system in place. And I think this will, um, 314 00:19:47,760 --> 00:19:51,240 Speaker 1: you know really cause us see change in terms of 315 00:19:51,520 --> 00:19:55,399 Speaker 1: where some of the endorsement money is going and um, 316 00:19:55,440 --> 00:19:58,840 Speaker 1: it will change college sports and be a new era 317 00:19:59,080 --> 00:20:03,280 Speaker 1: for college sport. Um. The Night Commission back in April. 318 00:20:03,359 --> 00:20:05,320 Speaker 1: It's been a busy year for us, but we put 319 00:20:05,400 --> 00:20:09,720 Speaker 1: forward principles that we think, uh, you know, should should 320 00:20:09,720 --> 00:20:14,040 Speaker 1: be principles that drive this new model, and we put 321 00:20:14,080 --> 00:20:17,440 Speaker 1: those out to two try to influence the n c 322 00:20:17,560 --> 00:20:21,280 Speaker 1: A as well as state legislators who you know have 323 00:20:21,440 --> 00:20:25,800 Speaker 1: been getting involved in this discussion, state and federal legislators 324 00:20:25,840 --> 00:20:29,000 Speaker 1: who have been designing their own solutions or college sports 325 00:20:29,000 --> 00:20:32,439 Speaker 1: in this particular space. Bottom line for our principles, as 326 00:20:32,600 --> 00:20:36,600 Speaker 1: we believe that you know, college athletes, like every other student, 327 00:20:36,680 --> 00:20:39,240 Speaker 1: should be able to monetize the use of their name 328 00:20:39,320 --> 00:20:42,840 Speaker 1: him its likeness, UM. But it should be you know, 329 00:20:42,960 --> 00:20:48,119 Speaker 1: based on that individuals only that individual's name h is likeness. 330 00:20:48,119 --> 00:20:51,440 Speaker 1: The school should not be involved, the school's marks should 331 00:20:51,480 --> 00:20:55,720 Speaker 1: not be involved. Because once you start allowing the schools 332 00:20:55,760 --> 00:20:58,359 Speaker 1: to be involved in setting up those deals and the 333 00:20:58,440 --> 00:21:03,720 Speaker 1: school marks to be involved in adding value to uh, 334 00:21:03,840 --> 00:21:08,159 Speaker 1: you know, jersey or whatever else may may be a 335 00:21:08,200 --> 00:21:12,600 Speaker 1: product that's created. UH, then we've moved across the line 336 00:21:12,680 --> 00:21:16,080 Speaker 1: into you know, a pay for play type of arrangement 337 00:21:16,320 --> 00:21:22,960 Speaker 1: UM for athletes, which UM is not a model that 338 00:21:22,960 --> 00:21:28,760 Speaker 1: that we support. So UH, there's tremendous opportunity for every 339 00:21:28,760 --> 00:21:31,920 Speaker 1: college athlete at every level, not not just a vision one, 340 00:21:32,000 --> 00:21:36,040 Speaker 1: but there are major changes, similar changes at Division two 341 00:21:36,119 --> 00:21:39,199 Speaker 1: and three in in ai A all around you know, 342 00:21:39,280 --> 00:21:43,840 Speaker 1: providing this UM, this this new opportunity for college athletes. 343 00:21:44,840 --> 00:21:50,000 Speaker 1: COVID has just blown everything to smithereens. Never mind obviously 344 00:21:50,119 --> 00:21:53,840 Speaker 1: the the grave impact on people who have died from 345 00:21:53,880 --> 00:21:58,280 Speaker 1: this disease, but it has impacted pretty much every aspect 346 00:21:58,359 --> 00:22:02,840 Speaker 1: of our life, include wing, UH sports UH coach k 347 00:22:03,320 --> 00:22:06,840 Speaker 1: Mike Shaski UH duke the winning is coach in the 348 00:22:06,960 --> 00:22:12,240 Speaker 1: history of the sport. UH questions now if we should 349 00:22:12,480 --> 00:22:16,200 Speaker 1: continue is it time to reconsider the season? Uh? Your 350 00:22:16,280 --> 00:22:18,919 Speaker 1: comments about what coach K said, if you can expand 351 00:22:18,920 --> 00:22:23,600 Speaker 1: on that, sure, um, and again back in in June, 352 00:22:23,760 --> 00:22:29,160 Speaker 1: before you know, um, before schools had decided how they 353 00:22:29,160 --> 00:22:31,920 Speaker 1: were going to reopen, before decisions were made about how 354 00:22:31,960 --> 00:22:36,480 Speaker 1: to start all sports. Uh. We we are our commission 355 00:22:36,680 --> 00:22:40,720 Speaker 1: put forward a set of principles UM that that we 356 00:22:40,840 --> 00:22:44,679 Speaker 1: felt should be followed ass as it related to re 357 00:22:44,840 --> 00:22:47,960 Speaker 1: engaging college sports. And the bottom line was that we 358 00:22:48,040 --> 00:22:50,880 Speaker 1: felt obviously the health of safety of the athletes should 359 00:22:50,960 --> 00:22:54,600 Speaker 1: come first, and that presidents should be making the decisions, 360 00:22:54,640 --> 00:22:58,240 Speaker 1: not conference commissioners, and that the presidents should be guided 361 00:22:58,280 --> 00:23:05,160 Speaker 1: by health professionals and medical professionals as well. UM. The 362 00:23:05,160 --> 00:23:08,119 Speaker 1: the other aspect we talked about is that you know, 363 00:23:08,200 --> 00:23:13,320 Speaker 1: we're experiencing a year like no other, and and college 364 00:23:13,320 --> 00:23:17,159 Speaker 1: sports leaders should be willing to um look at it 365 00:23:17,200 --> 00:23:21,640 Speaker 1: differently and and not try to uh you know then, 366 00:23:21,800 --> 00:23:25,159 Speaker 1: and I'm speaking in my view using this example. Just 367 00:23:25,240 --> 00:23:28,119 Speaker 1: because we've always had uh, you know, March madness in 368 00:23:28,200 --> 00:23:30,920 Speaker 1: March doesn't mean we should have March madness in March. 369 00:23:31,080 --> 00:23:33,919 Speaker 1: This year, you can still have a tournament and it 370 00:23:34,000 --> 00:23:37,320 Speaker 1: can uh the same type of opportunity when we're looking 371 00:23:37,320 --> 00:23:39,040 Speaker 1: at it in terms of what it is all about, 372 00:23:39,880 --> 00:23:43,720 Speaker 1: opportunities for athletes that could happen in in April or 373 00:23:43,800 --> 00:23:48,119 Speaker 1: May if if that's determined to be better for the 374 00:23:48,200 --> 00:23:52,000 Speaker 1: health and safety of the athletes involved. So you know, 375 00:23:52,080 --> 00:23:56,640 Speaker 1: we have seen UM again this is where UM kind 376 00:23:56,640 --> 00:24:00,919 Speaker 1: of the different governance structure of football becomes obbyists. You know, 377 00:24:00,960 --> 00:24:07,280 Speaker 1: all of the other fall championships for the n c A, soccer, volleyball, uh, 378 00:24:07,520 --> 00:24:10,919 Speaker 1: any fall sport was postponed and moved to the spring 379 00:24:11,800 --> 00:24:15,200 Speaker 1: UM for health and safety reasons. Football is the only 380 00:24:15,200 --> 00:24:19,080 Speaker 1: sport that continued with this saying calendar UM. So I 381 00:24:19,080 --> 00:24:21,240 Speaker 1: think you know, basketball is going to have to face 382 00:24:21,320 --> 00:24:25,280 Speaker 1: that decision as we as we look at this situation 383 00:24:25,800 --> 00:24:29,120 Speaker 1: you know, worsening and you know, lots of teams UH 384 00:24:29,280 --> 00:24:34,800 Speaker 1: currently pausing and and you know, I think it's uh, UM, 385 00:24:35,160 --> 00:24:39,520 Speaker 1: you know, a real opportunity for leadership of you know, 386 00:24:39,640 --> 00:24:44,680 Speaker 1: every every conference commissioner. UH. That's that's their job to 387 00:24:44,680 --> 00:24:49,159 Speaker 1: to look at that with um, the institutions, but for 388 00:24:49,200 --> 00:24:52,760 Speaker 1: the conference commissioners to provide leadership as well as the 389 00:24:52,880 --> 00:24:56,320 Speaker 1: n c a A about what was the appropriate timing 390 00:24:56,359 --> 00:25:02,080 Speaker 1: moving forward. Amy, One of the big casualties obviously of 391 00:25:02,160 --> 00:25:05,240 Speaker 1: COVID nineteen has been so many schools eliminating so many 392 00:25:05,320 --> 00:25:09,879 Speaker 1: non revenue sports. With your recommendations from the Night Commission, 393 00:25:11,000 --> 00:25:13,080 Speaker 1: can this help save some of the sports that are 394 00:25:13,080 --> 00:25:17,840 Speaker 1: on the endangered species list? We think it can, and 395 00:25:17,880 --> 00:25:20,920 Speaker 1: we think it should. And you know, to your point, 396 00:25:21,000 --> 00:25:23,560 Speaker 1: I think in Division one there's been over a hundred 397 00:25:23,640 --> 00:25:27,359 Speaker 1: sports have been dropped. And when we put out our 398 00:25:28,880 --> 00:25:30,879 Speaker 1: when we communicated with the n c A back in 399 00:25:30,920 --> 00:25:34,160 Speaker 1: the summer, when there were you know a number of concerns, 400 00:25:34,280 --> 00:25:37,800 Speaker 1: you know, financially, one of the things that that you know, 401 00:25:37,920 --> 00:25:41,359 Speaker 1: we we said is that we felt dropping sports should 402 00:25:41,400 --> 00:25:44,560 Speaker 1: be a last resort. We think there's a lot you 403 00:25:44,600 --> 00:25:48,280 Speaker 1: know what what has happened with you know, the influx 404 00:25:48,320 --> 00:25:53,199 Speaker 1: of money that came in UM, and no one you 405 00:25:53,240 --> 00:25:57,119 Speaker 1: know obviously expected anything like a pandemic that would shut 406 00:25:57,200 --> 00:26:01,320 Speaker 1: down uh, you know, so much of of of the 407 00:26:01,440 --> 00:26:06,320 Speaker 1: UM kind of the revenue sources UM. But we we've 408 00:26:06,359 --> 00:26:09,240 Speaker 1: been college sports have been operating, even some of those 409 00:26:09,280 --> 00:26:12,840 Speaker 1: other sports in ways that are not cost efficient and 410 00:26:12,800 --> 00:26:16,879 Speaker 1: in ways that are not required to provide you know, 411 00:26:16,960 --> 00:26:22,359 Speaker 1: really quality UH leadership opportunities through sports for these athletes. 412 00:26:22,400 --> 00:26:25,760 Speaker 1: So UM as an example, we have a number of 413 00:26:26,240 --> 00:26:29,840 Speaker 1: UM conferences that were really put together because of a 414 00:26:29,880 --> 00:26:35,880 Speaker 1: football TV footprint that that that particular conference affiliation may 415 00:26:35,880 --> 00:26:39,000 Speaker 1: be fine for football and playing one game a week, 416 00:26:39,160 --> 00:26:42,959 Speaker 1: it doesn't make much sense for baseball teams, UH playing 417 00:26:43,160 --> 00:26:45,359 Speaker 1: you know, three games in a week, or you know, 418 00:26:45,720 --> 00:26:50,320 Speaker 1: or volleyball teams. And so what we've done a number 419 00:26:50,359 --> 00:26:53,359 Speaker 1: of work through the years, not only just around the pandemic, 420 00:26:53,400 --> 00:26:56,679 Speaker 1: but to try to get leaders to you know, rethink 421 00:26:56,800 --> 00:27:01,200 Speaker 1: and and and just rethink and reimagine kyle of sports 422 00:27:01,240 --> 00:27:04,639 Speaker 1: in ways that you know, might serve their athletes just 423 00:27:04,760 --> 00:27:09,159 Speaker 1: as well, but be more financially responsible. So we're hoping 424 00:27:09,200 --> 00:27:13,000 Speaker 1: that we've we've seen you know, some uh, some of 425 00:27:13,000 --> 00:27:17,280 Speaker 1: the conferences, particularly the pandemic has caused them to UH 426 00:27:17,560 --> 00:27:20,960 Speaker 1: do their scheduling differently for some of the other sports 427 00:27:21,280 --> 00:27:23,560 Speaker 1: that have continued, and so we think those kinds of 428 00:27:23,600 --> 00:27:28,840 Speaker 1: opportunities should be looked at. We've also made some major 429 00:27:28,880 --> 00:27:33,760 Speaker 1: recommendations around changing the NC revenue distribution system in ways 430 00:27:33,840 --> 00:27:38,800 Speaker 1: that we think UH could provide better incentives for UH 431 00:27:39,040 --> 00:27:42,959 Speaker 1: schools to sponsor, you know, the other sports instead of 432 00:27:43,000 --> 00:27:46,440 Speaker 1: cutting back. All Division one teams have to have UH 433 00:27:46,640 --> 00:27:50,280 Speaker 1: sponsor sport team teams at a minimum. If you're at 434 00:27:50,320 --> 00:27:55,119 Speaker 1: FBS school, you have to have six team teams. UM. 435 00:27:55,200 --> 00:27:58,840 Speaker 1: But what's what's again, the average fan doesn't realize if 436 00:27:58,880 --> 00:28:02,080 Speaker 1: there's a vast different it even among you know, the 437 00:28:02,200 --> 00:28:05,600 Speaker 1: Power five conferences in terms of how many sports they're offering. 438 00:28:05,640 --> 00:28:08,399 Speaker 1: I'll just give you a quick example. You know, I 439 00:28:08,440 --> 00:28:11,840 Speaker 1: think the Ohio State and in Texas both have athletic 440 00:28:11,880 --> 00:28:16,200 Speaker 1: department budgets over two million dollars. Texas offers nine team 441 00:28:16,280 --> 00:28:21,880 Speaker 1: sports UM. Ohio State offers more than thirty UM. And 442 00:28:22,040 --> 00:28:24,560 Speaker 1: you know that's that's part of their history and that's 443 00:28:24,600 --> 00:28:27,560 Speaker 1: part of Ohio State's history and culture is to have 444 00:28:27,680 --> 00:28:31,280 Speaker 1: that broad base. But within the n c A revenue distribution, 445 00:28:31,320 --> 00:28:33,800 Speaker 1: there's not much incentive to do that. Well, thank you 446 00:28:33,840 --> 00:28:35,520 Speaker 1: so much for joining us. We're here each and every 447 00:28:35,560 --> 00:28:37,080 Speaker 1: week for you. At the same time talking to the 448 00:28:37,080 --> 00:28:39,840 Speaker 1: biggest names in sports. I'm Jason Kelly along with Mike 449 00:28:39,920 --> 00:28:42,920 Speaker 1: Lynch and Michael Barr. Let's continue our conversation with Amy 450 00:28:42,960 --> 00:28:46,800 Speaker 1: Privitt perko CEEO of the Night Commission on Intercollegiate Athletics. 451 00:28:46,840 --> 00:28:50,719 Speaker 1: So Amy, as you alluded to earlier in the conversation, 452 00:28:50,920 --> 00:28:53,480 Speaker 1: there's been a lot going on here in you guys 453 00:28:53,480 --> 00:28:57,440 Speaker 1: have been extraordinarily busy. One element that we have sort 454 00:28:57,480 --> 00:28:59,440 Speaker 1: of touched on lightly, but I want to go a 455 00:28:59,480 --> 00:29:02,760 Speaker 1: little deep or if we can, is what we saw 456 00:29:02,840 --> 00:29:08,200 Speaker 1: over the summer with this national overdue reckoning on inequality 457 00:29:08,320 --> 00:29:12,120 Speaker 1: and racial injustice. Clearly we have seen athletes, in a 458 00:29:12,160 --> 00:29:15,240 Speaker 1: very positive way, in my humble opinion, feel more empowered 459 00:29:15,280 --> 00:29:19,520 Speaker 1: about speaking out and talking about some of the things 460 00:29:19,520 --> 00:29:21,920 Speaker 1: that they've seen. I think back to a conversation that 461 00:29:22,000 --> 00:29:24,400 Speaker 1: we had on this show with a money tumor and 462 00:29:24,400 --> 00:29:29,120 Speaker 1: and his experience as a college athlete, in his frustration 463 00:29:29,240 --> 00:29:34,600 Speaker 1: around name, image and likeness, but also with underlying endorsement 464 00:29:34,680 --> 00:29:38,520 Speaker 1: deals that accrued to his coach but not to him, 465 00:29:38,560 --> 00:29:42,080 Speaker 1: but part of what's embedded in that. And he was 466 00:29:42,200 --> 00:29:44,760 Speaker 1: very frank about this. And I think you have studied 467 00:29:44,800 --> 00:29:48,400 Speaker 1: this pretty intensely. Is this notion of you have a 468 00:29:48,440 --> 00:29:52,200 Speaker 1: white coach who is basically accruing a huge amount of 469 00:29:52,200 --> 00:29:57,480 Speaker 1: benefit monetarily at coaching a big college football team and players, 470 00:29:57,920 --> 00:30:03,520 Speaker 1: many of whom are black and brown, not getting any benefit. 471 00:30:04,160 --> 00:30:07,200 Speaker 1: There is some inequality going on here. How do you 472 00:30:07,320 --> 00:30:11,080 Speaker 1: set about solving this problem? What are the recommendations that 473 00:30:11,120 --> 00:30:17,200 Speaker 1: you make just from an equality perspective? There there are 474 00:30:17,200 --> 00:30:21,080 Speaker 1: a number of issues UM wrapped up into this, I think, 475 00:30:21,160 --> 00:30:23,120 Speaker 1: but you know, from the work that we're doing, we 476 00:30:23,200 --> 00:30:26,560 Speaker 1: start with the principle again of UM. You know, we 477 00:30:26,640 --> 00:30:29,760 Speaker 1: need to have a college sports system that that is 478 00:30:29,800 --> 00:30:33,520 Speaker 1: fair to the athletes. And there are a number of 479 00:30:33,920 --> 00:30:36,760 Speaker 1: proposals that we've made that hit on you know, the 480 00:30:37,400 --> 00:30:41,640 Speaker 1: major point here of H is the system fair and 481 00:30:41,880 --> 00:30:47,920 Speaker 1: UM and addressing systemic racism that that has existed. And 482 00:30:48,320 --> 00:30:51,640 Speaker 1: you can see that in areas. You know, a glaring 483 00:30:51,680 --> 00:30:55,360 Speaker 1: example is in the lack of diversity in the coaching 484 00:30:55,440 --> 00:31:00,479 Speaker 1: ranks and UM. You know, we believe that the sports 485 00:31:00,480 --> 00:31:04,560 Speaker 1: system has a responsibility to help address that and and 486 00:31:04,640 --> 00:31:08,280 Speaker 1: there are things that can be done to help UM 487 00:31:08,440 --> 00:31:12,640 Speaker 1: increase that pipeline to to develop a deeper and more 488 00:31:12,720 --> 00:31:16,920 Speaker 1: diverse talent pool. Let me give you one clear example. UM. 489 00:31:16,960 --> 00:31:19,360 Speaker 1: You know, I think it's around six percent of all 490 00:31:19,520 --> 00:31:23,320 Speaker 1: FBS football players or persons of color, and and the 491 00:31:23,400 --> 00:31:28,840 Speaker 1: stats you know, show that there's um a significant underrepresentation 492 00:31:29,560 --> 00:31:32,760 Speaker 1: UH persons of color in the in the football coaching staff. 493 00:31:33,440 --> 00:31:37,959 Speaker 1: Back in UM when we were obviously it bears different 494 00:31:37,960 --> 00:31:42,520 Speaker 1: financial situations, we recommended to the college football playoff again 495 00:31:42,560 --> 00:31:45,080 Speaker 1: that generates you know, more than four hundred and sixty 496 00:31:45,120 --> 00:31:48,600 Speaker 1: million dollars a year just off of that event. To 497 00:31:48,840 --> 00:31:53,120 Speaker 1: earmark one penny off of every dollar earned, and to 498 00:31:53,240 --> 00:31:57,520 Speaker 1: put that into programs that would help develop a deeper 499 00:31:57,560 --> 00:32:00,440 Speaker 1: and more diverse talent pool. Again, this is three years ago, 500 00:32:00,520 --> 00:32:04,520 Speaker 1: and it almost seems like a different lifetime before some 501 00:32:04,640 --> 00:32:09,480 Speaker 1: of these issues that have really you know, uh created 502 00:32:09,520 --> 00:32:15,560 Speaker 1: such turmoil this year and UH it basically that recommendation 503 00:32:15,680 --> 00:32:19,840 Speaker 1: was dismissed UM and you know, I think when we 504 00:32:19,920 --> 00:32:24,440 Speaker 1: bring we've reiterated it now obviously wearing a much tougher 505 00:32:24,560 --> 00:32:28,480 Speaker 1: financial situation. But again we think that's got to be 506 00:32:28,520 --> 00:32:32,520 Speaker 1: a priority and and you know we we should, you know, 507 00:32:32,520 --> 00:32:34,880 Speaker 1: should be asking for more money than that, but but 508 00:32:34,960 --> 00:32:37,800 Speaker 1: at least one penny off every dollar earned. And their 509 00:32:37,920 --> 00:32:42,560 Speaker 1: number of programs and that that can be beneficial and 510 00:32:42,600 --> 00:32:45,880 Speaker 1: that are working. But you know, one of the programs 511 00:32:45,880 --> 00:32:49,760 Speaker 1: in place, it has limited capacity and it has limited 512 00:32:49,800 --> 00:32:55,040 Speaker 1: capacity for the the coaches they're trying to develop just 513 00:32:55,120 --> 00:32:58,640 Speaker 1: because of finances, and so there are there are things 514 00:32:58,680 --> 00:33:01,680 Speaker 1: that can be done as it relates to the players. Again, 515 00:33:01,720 --> 00:33:04,160 Speaker 1: I think the n i L, the opening up of 516 00:33:03,800 --> 00:33:07,400 Speaker 1: of of those rules and liberalizing those rules lostening the 517 00:33:07,560 --> 00:33:12,360 Speaker 1: current restrictions will create a see change. And and this 518 00:33:12,440 --> 00:33:15,520 Speaker 1: is not a new issue around n i L. You know, 519 00:33:15,560 --> 00:33:17,760 Speaker 1: we raised the issues back in two thousand and eight 520 00:33:18,400 --> 00:33:22,920 Speaker 1: when technologies were emerging and and there the college football 521 00:33:23,040 --> 00:33:26,720 Speaker 1: video game existed at that time, and uh, you know, 522 00:33:26,840 --> 00:33:31,040 Speaker 1: those avatars were looking quite a bit like the actual players. 523 00:33:31,080 --> 00:33:33,520 Speaker 1: So this issue has been around for a long time. 524 00:33:33,720 --> 00:33:39,240 Speaker 1: And and again it's unfortunate that we only turned the 525 00:33:39,320 --> 00:33:44,240 Speaker 1: corner on it really because of uh state legislators who 526 00:33:44,360 --> 00:33:47,040 Speaker 1: got into the mixed and created their own state laws. 527 00:33:47,080 --> 00:33:49,760 Speaker 1: And so we use that as an example to say, 528 00:33:49,840 --> 00:33:52,520 Speaker 1: if we don't, if we're not willing, Uh, the college 529 00:33:52,560 --> 00:33:56,720 Speaker 1: sports leaders aren't willing to take on these bigger issues. Um, 530 00:33:56,800 --> 00:34:00,600 Speaker 1: they are basically turning it over to engerst in the 531 00:34:00,640 --> 00:34:05,480 Speaker 1: courts to design solutions. And we think college sports leaders 532 00:34:05,920 --> 00:34:09,640 Speaker 1: I know the most about what college sports should be 533 00:34:09,719 --> 00:34:13,040 Speaker 1: about and are in the best position UH, to design 534 00:34:13,160 --> 00:34:15,719 Speaker 1: the solutions for the future. It's just going to take 535 00:34:15,760 --> 00:34:20,160 Speaker 1: some courage to do that. You were a star basketball 536 00:34:20,200 --> 00:34:24,000 Speaker 1: player at Wake Forest and UH. You I know this 537 00:34:24,200 --> 00:34:28,480 Speaker 1: because I used to see the games on ESPN, and 538 00:34:28,680 --> 00:34:33,200 Speaker 1: UH I was looking at this and today's game UH 539 00:34:33,320 --> 00:34:37,840 Speaker 1: women's college basketball, UH and for that matter, the women's 540 00:34:37,880 --> 00:34:44,680 Speaker 1: pro the w n B A UH is the why 541 00:34:44,719 --> 00:34:50,600 Speaker 1: does that in equity still take place between women's basketball 542 00:34:50,960 --> 00:34:58,719 Speaker 1: and men's basketball. Well, you know, I think again it's UH. 543 00:34:58,840 --> 00:35:00,759 Speaker 1: And I want to say from the start, you know, 544 00:35:00,920 --> 00:35:04,880 Speaker 1: I I had a great experience playing uh college basketball, 545 00:35:05,680 --> 00:35:08,560 Speaker 1: and UM it provided me with you know, so many 546 00:35:08,600 --> 00:35:13,239 Speaker 1: opportunities and in leadership development opportunities. And I'm grateful for 547 00:35:13,280 --> 00:35:17,080 Speaker 1: that experience. And and there has been, you know, tremendous 548 00:35:17,160 --> 00:35:20,160 Speaker 1: progress in a number of ways. But you know again, 549 00:35:20,200 --> 00:35:25,520 Speaker 1: I think, as with UM a number of issues around equality, 550 00:35:25,680 --> 00:35:29,800 Speaker 1: we we have to continue to to press forward. And 551 00:35:30,239 --> 00:35:35,800 Speaker 1: UM It's it's again with with this, as with everything else, 552 00:35:35,920 --> 00:35:40,200 Speaker 1: we have to look at college sports UH through a 553 00:35:40,239 --> 00:35:45,239 Speaker 1: different lens of of pro sports and and the outcomes 554 00:35:45,280 --> 00:35:50,480 Speaker 1: around um, you know, the commercial UH aspects or the 555 00:35:50,520 --> 00:35:54,680 Speaker 1: reason for pro sports and and in too many cases 556 00:35:55,239 --> 00:36:00,640 Speaker 1: you know college sports, we the leaders still haven't in 557 00:36:00,680 --> 00:36:03,840 Speaker 1: some cases turn the corner in terms of what's driving 558 00:36:04,640 --> 00:36:10,240 Speaker 1: decision making. UM and you know, college sports the ultimate 559 00:36:10,280 --> 00:36:15,280 Speaker 1: outcome is not about how many jerseys you can sell, 560 00:36:15,320 --> 00:36:18,839 Speaker 1: how much revenue you can generate, but what are you 561 00:36:18,880 --> 00:36:22,360 Speaker 1: doing with with the money involved in college sports? And 562 00:36:22,400 --> 00:36:26,240 Speaker 1: are you using these as opportunities to develop the human 563 00:36:26,280 --> 00:36:29,880 Speaker 1: potential of these young men and women in ways that 564 00:36:29,920 --> 00:36:33,440 Speaker 1: are that are equitable and in ways that you know 565 00:36:33,480 --> 00:36:38,239 Speaker 1: are tied to the mission of college sports. Amy, if 566 00:36:38,280 --> 00:36:42,640 Speaker 1: the commission is successful in getting the FBS, and I 567 00:36:42,640 --> 00:36:45,480 Speaker 1: wish it, I'll go back to Division one done, double A, 568 00:36:45,560 --> 00:36:47,640 Speaker 1: two and three because it's much easier to follow, to 569 00:36:47,680 --> 00:36:49,560 Speaker 1: be honest with it, But if you can get the 570 00:36:49,640 --> 00:36:52,360 Speaker 1: FBS to sort of segregate from from the rest, like 571 00:36:52,440 --> 00:36:55,600 Speaker 1: your recommendation says, who is in charge of them? Will 572 00:36:55,640 --> 00:36:58,800 Speaker 1: there be a commissioner? Will there be a panel? Because 573 00:36:58,920 --> 00:37:00,840 Speaker 1: right now and when we saw, when you know, the 574 00:37:00,880 --> 00:37:03,000 Speaker 1: Pac ten wasn't going to play, the Big ten wasn't 575 00:37:03,000 --> 00:37:05,520 Speaker 1: gonna play, but all the SEC was gonna play, then 576 00:37:05,920 --> 00:37:08,080 Speaker 1: that force kind of forced the other league to jump in. 577 00:37:08,120 --> 00:37:10,000 Speaker 1: Who who will be in charge? Who will be will 578 00:37:10,080 --> 00:37:14,880 Speaker 1: it be one voice or will be a commission Well again, 579 00:37:14,920 --> 00:37:18,799 Speaker 1: our our our vision is for this new entity that 580 00:37:18,920 --> 00:37:21,799 Speaker 1: would be the National College Football Association, that it would 581 00:37:21,800 --> 00:37:24,600 Speaker 1: be in charge of all of college football, so is 582 00:37:24,640 --> 00:37:29,200 Speaker 1: in charge of regular season health and safety, h what 583 00:37:29,400 --> 00:37:32,920 Speaker 1: kind of you know, long term health benefits college football 584 00:37:32,960 --> 00:37:36,560 Speaker 1: players should have as well as the college football playoffs 585 00:37:36,600 --> 00:37:41,600 Speaker 1: and now those everything I just said is is a 586 00:37:41,719 --> 00:37:45,439 Speaker 1: decision making in a different area um and so being 587 00:37:45,520 --> 00:37:48,640 Speaker 1: able to have that under one governance density, you know, 588 00:37:48,719 --> 00:37:52,120 Speaker 1: you would have a president or a commissioner if you will, 589 00:37:52,120 --> 00:37:55,480 Speaker 1: of the National College Football Association, and that would provide 590 00:37:55,600 --> 00:38:00,319 Speaker 1: unified leadership over that sport and for one other aspect. 591 00:38:00,400 --> 00:38:02,880 Speaker 1: It's included in our principles that I wanted to mention, 592 00:38:03,800 --> 00:38:07,200 Speaker 1: and we believe strongly that more college athletes should be 593 00:38:07,200 --> 00:38:10,440 Speaker 1: involved in the governance. We have a couple of former 594 00:38:10,680 --> 00:38:14,919 Speaker 1: FBS football players on our commission. One Jacque McClendon. He's 595 00:38:14,960 --> 00:38:17,520 Speaker 1: the director of player Development at the l A. RAMS 596 00:38:17,560 --> 00:38:21,320 Speaker 1: and he played football Tennessee. And Jacque was just terrific 597 00:38:21,400 --> 00:38:24,960 Speaker 1: talking about how this new model will provide, you know, 598 00:38:25,000 --> 00:38:29,600 Speaker 1: more opportunities for college athletes former, former and current football 599 00:38:29,600 --> 00:38:31,759 Speaker 1: players to be involved and have a voice in that 600 00:38:31,840 --> 00:38:36,400 Speaker 1: government system because they are often very underrepresented in the 601 00:38:36,440 --> 00:38:42,160 Speaker 1: current in the structure, and so amy just as we 602 00:38:42,200 --> 00:38:44,319 Speaker 1: wrap up, I mean, I do want to ask you, 603 00:38:44,320 --> 00:38:46,799 Speaker 1: you know, given everything, we keep sort of coming back 604 00:38:46,840 --> 00:38:50,520 Speaker 1: to this this year that we're thankfully I think, wrapping 605 00:38:50,600 --> 00:38:53,600 Speaker 1: up UH at this point, and who knows what twenty 606 00:38:53,600 --> 00:38:55,880 Speaker 1: one is going to bring. But but I do wonder 607 00:38:56,160 --> 00:39:01,440 Speaker 1: do you feel that there is an opportunity the for 608 00:39:01,600 --> 00:39:03,799 Speaker 1: a bit of a reset, especially when it comes to 609 00:39:03,840 --> 00:39:07,320 Speaker 1: college athletics because of the teams that have been sidelined, 610 00:39:07,400 --> 00:39:11,480 Speaker 1: because we have seen a very uneven, to say the 611 00:39:11,560 --> 00:39:15,040 Speaker 1: least college football season here, we've seen some of the 612 00:39:15,080 --> 00:39:21,920 Speaker 1: carnage in terms of UH teams you know, being taken 613 00:39:21,960 --> 00:39:25,600 Speaker 1: away or shut down and and eliminated. As as Lynchi 614 00:39:25,719 --> 00:39:29,680 Speaker 1: was talking about earlier, what does what is the best 615 00:39:29,680 --> 00:39:32,080 Speaker 1: sort of reset look like? What do you think it 616 00:39:32,120 --> 00:39:35,400 Speaker 1: and what do you think is a reasonable expectation for 617 00:39:35,440 --> 00:39:39,160 Speaker 1: college sports going forward? Where we actually learned something coming 618 00:39:39,160 --> 00:39:42,759 Speaker 1: out of this period? Yeah, no, that's well, we do 619 00:39:42,880 --> 00:39:45,960 Speaker 1: think it. This this year does provide a recent moment 620 00:39:46,120 --> 00:39:49,080 Speaker 1: and as I've mentioned, an opportunity for leaders to really 621 00:39:49,120 --> 00:39:55,920 Speaker 1: reimagine and restructured college sports for the future. Um And 622 00:39:55,760 --> 00:39:58,839 Speaker 1: and it goes in our minds, it goes beyond. You'll 623 00:39:58,840 --> 00:40:03,240 Speaker 1: you'll hear some athletic directors talking about, hey, we've discovered that, 624 00:40:03,440 --> 00:40:05,560 Speaker 1: you know, we don't need to spend three hundred thousand 625 00:40:05,600 --> 00:40:09,720 Speaker 1: dollars a year recruiting in our recruiting budget, flying coaches 626 00:40:09,760 --> 00:40:13,400 Speaker 1: all over the country. Um And obviously we're all doing 627 00:40:13,600 --> 00:40:17,360 Speaker 1: work differently with you know, the video calls and things 628 00:40:17,440 --> 00:40:20,759 Speaker 1: like that, and and coaches and recruit they've adapted that 629 00:40:20,920 --> 00:40:24,160 Speaker 1: and they're recruiting. So you know, I think a d 630 00:40:24,320 --> 00:40:26,360 Speaker 1: s are finding ways in which they can save money. 631 00:40:26,760 --> 00:40:29,960 Speaker 1: The big question is, well, is what's going to happen 632 00:40:30,239 --> 00:40:33,600 Speaker 1: in the future with those financial savings. Is it going 633 00:40:33,640 --> 00:40:35,799 Speaker 1: to be what has happened in the past, which has 634 00:40:35,840 --> 00:40:40,000 Speaker 1: been frankly, over the past ten years, we saw football 635 00:40:40,040 --> 00:40:47,600 Speaker 1: coaching salaries to increase UM, which you know brings collectively 636 00:40:47,640 --> 00:40:51,040 Speaker 1: if you average the ten allowable football coaches, that averages 637 00:40:51,160 --> 00:40:54,800 Speaker 1: under a million dollars a coach in the Power five 638 00:40:54,960 --> 00:40:59,839 Speaker 1: and that's just, um, you know, inappropriate for a nonprofit 639 00:41:00,239 --> 00:41:04,640 Speaker 1: educational model. And um, so we we can you know 640 00:41:04,719 --> 00:41:08,960 Speaker 1: find ways to reset and have financial savings. But ultimately 641 00:41:09,000 --> 00:41:13,040 Speaker 1: it's about what are the outcomes. Does that mean, you know, 642 00:41:13,520 --> 00:41:18,040 Speaker 1: a better experience for college athletes, a fairer, more equitable 643 00:41:18,080 --> 00:41:21,920 Speaker 1: experience for college athletes, more college athletes having a voice 644 00:41:21,920 --> 00:41:26,560 Speaker 1: in governance, um more, more of the revenues being generated 645 00:41:26,600 --> 00:41:30,680 Speaker 1: going to improve things like diversity and athletics leadership. So again, 646 00:41:30,719 --> 00:41:33,880 Speaker 1: I think any crisis leaders look at crisis as an 647 00:41:33,880 --> 00:41:37,480 Speaker 1: opportunity to to really focus on what's our core mission. 648 00:41:37,880 --> 00:41:40,960 Speaker 1: And so that's that's the message we're preaching, is that 649 00:41:41,080 --> 00:41:44,600 Speaker 1: this does provide that opportunity to kind of reset college sports. 650 00:41:45,320 --> 00:41:47,840 Speaker 1: Let's get back to what our core mission is and 651 00:41:47,880 --> 00:41:51,600 Speaker 1: then restructure so that we can we can ensure that 652 00:41:51,719 --> 00:41:55,200 Speaker 1: the revenues are being used in ways that strengthen that 653 00:41:55,280 --> 00:41:59,200 Speaker 1: mission of college sports. Amy really really good to catch 654 00:41:59,239 --> 00:42:00,960 Speaker 1: up with you. I've been looking forward to this UH 655 00:42:01,040 --> 00:42:02,880 Speaker 1: for a while after you and I had first connected 656 00:42:02,880 --> 00:42:05,360 Speaker 1: on the Business Week show that you're the perfect person 657 00:42:05,400 --> 00:42:08,200 Speaker 1: to sort of help us, UH set the right tone. 658 00:42:08,239 --> 00:42:10,279 Speaker 1: I think as we get to the end of this 659 00:42:10,400 --> 00:42:12,799 Speaker 1: very difficult year and and look ahead, and you know 660 00:42:12,960 --> 00:42:15,960 Speaker 1: it's been famously said, you know never waste a good crisis, 661 00:42:15,960 --> 00:42:19,680 Speaker 1: and I hope the College Athletics UH takes advantage of 662 00:42:19,680 --> 00:42:22,239 Speaker 1: that because there are certainly some structural things that you 663 00:42:22,320 --> 00:42:24,759 Speaker 1: and the team have identified that need to be fixed. 664 00:42:24,800 --> 00:42:27,120 Speaker 1: Amy Priviot Perco is the CEO of the Night Commission 665 00:42:27,440 --> 00:42:33,520 Speaker 1: on Intercollegiate Athletics. Thank you so much, Thanks Jason, Thanks My, Michael, 666 00:42:33,840 --> 00:42:37,800 Speaker 1: thank you so much, Thanks Sammy. It was a pleasure. Alright, guys, 667 00:42:38,080 --> 00:42:41,400 Speaker 1: So you know, I love college sports and I'm a 668 00:42:41,400 --> 00:42:46,120 Speaker 1: college football fan, but it is not hard to see 669 00:42:46,200 --> 00:42:50,600 Speaker 1: how distorted this has become. And what I really like 670 00:42:50,719 --> 00:42:52,719 Speaker 1: and what I really took away from that interview is 671 00:42:53,680 --> 00:42:55,880 Speaker 1: you just have to look at the numbers, Lynchy to 672 00:42:56,200 --> 00:43:01,360 Speaker 1: see really how outrageously would have whacked this has gotten. 673 00:43:02,400 --> 00:43:05,359 Speaker 1: You know, this is crazy. At the full disclosure, my 674 00:43:05,480 --> 00:43:08,120 Speaker 1: sister was a tennis scholarship player at Clemson, so I'm 675 00:43:08,120 --> 00:43:11,719 Speaker 1: not picking on Clemson. But in their football facility, they 676 00:43:11,760 --> 00:43:14,840 Speaker 1: have a barbershop, they have a basketball court, they have 677 00:43:14,880 --> 00:43:17,359 Speaker 1: a bowling alley, they have a miniature golf course, they 678 00:43:17,360 --> 00:43:20,680 Speaker 1: have a whiffleball field, they have a slide from the 679 00:43:20,719 --> 00:43:24,359 Speaker 1: first floor to the second floor, a basketball court, UH, 680 00:43:24,440 --> 00:43:28,239 Speaker 1: and they just eliminated their track and field program. Yeah, 681 00:43:28,520 --> 00:43:30,759 Speaker 1: and that just doesn't seem right to me, you know, 682 00:43:30,880 --> 00:43:34,200 Speaker 1: I mean, just this, this the haves, the the big 683 00:43:34,280 --> 00:43:36,560 Speaker 1: line and the big chasm between the halves and the 684 00:43:36,640 --> 00:43:39,600 Speaker 1: have nots has really got to end in college athletics. 685 00:43:39,600 --> 00:43:42,160 Speaker 1: There's no need to have all these extravagant things inside 686 00:43:42,400 --> 00:43:45,960 Speaker 1: the Clemson football facility. And then all these great track 687 00:43:45,960 --> 00:43:49,280 Speaker 1: and field men and women are now have no place 688 00:43:49,360 --> 00:43:52,920 Speaker 1: to compete anymore. It's not right, bar what do you 689 00:43:52,960 --> 00:43:57,720 Speaker 1: make of it? I mean, I I just I'm I 690 00:43:57,760 --> 00:44:02,000 Speaker 1: admire what they're trying to do. My worry is that 691 00:44:02,760 --> 00:44:06,279 Speaker 1: because of the sheer volume of money, it's going to 692 00:44:06,360 --> 00:44:10,720 Speaker 1: fall intof here. Well, I didn't think of it until, 693 00:44:11,320 --> 00:44:14,839 Speaker 1: as I mentioned earlier in the interview, what they had 694 00:44:14,880 --> 00:44:18,360 Speaker 1: sent out in their press packet, and what they said 695 00:44:18,640 --> 00:44:22,360 Speaker 1: was is that the n C Double a hundred fourteen 696 00:44:22,480 --> 00:44:26,040 Speaker 1: years of history and it's no longer keeping pace with 697 00:44:26,120 --> 00:44:31,400 Speaker 1: the growth commercial growth of college athletics, especially college football. 698 00:44:31,719 --> 00:44:33,760 Speaker 1: I didn't think of it that way because I always 699 00:44:33,760 --> 00:44:36,359 Speaker 1: thought NZ double A is like, well, that's you know, 700 00:44:36,640 --> 00:44:39,920 Speaker 1: the holy grail. It's like, you don't you know, they'll 701 00:44:39,960 --> 00:44:43,560 Speaker 1: they'll lead us the right way. And as I think 702 00:44:43,600 --> 00:44:47,840 Speaker 1: about it, it's they might the Night Commission might have something. 703 00:44:48,640 --> 00:44:52,240 Speaker 1: So I would like to see where that goes. Uh, 704 00:44:52,280 --> 00:44:55,080 Speaker 1: But like you said, there's a lot of money in this, 705 00:44:55,160 --> 00:44:58,520 Speaker 1: so I don't know. Well. I mean to me, if 706 00:44:58,560 --> 00:45:01,600 Speaker 1: I were telling people to take one thing away, I 707 00:45:01,640 --> 00:45:05,279 Speaker 1: bet there are a ton of people out there who 708 00:45:05,360 --> 00:45:08,080 Speaker 1: did not realize that the n C Double A essentially 709 00:45:08,080 --> 00:45:11,120 Speaker 1: has nothing to do with the college football player. I 710 00:45:11,120 --> 00:45:14,799 Speaker 1: mean that alone, I feel like you should sort of 711 00:45:14,840 --> 00:45:18,400 Speaker 1: sit up straight and realize that that four hundred and 712 00:45:18,440 --> 00:45:22,360 Speaker 1: sixty million dollars that generated by the college football playoff 713 00:45:22,400 --> 00:45:24,560 Speaker 1: system has nothing to do with the n C Double A. 714 00:45:24,920 --> 00:45:29,400 Speaker 1: I mean, WHOA, that's that's bananas, and I think that 715 00:45:29,600 --> 00:45:34,400 Speaker 1: is not well known, and so that alone means something's 716 00:45:34,440 --> 00:45:39,760 Speaker 1: got to give. I'm sure they're implications of a radical 717 00:45:39,920 --> 00:45:43,680 Speaker 1: restructuring that maybe we're not thinking about, but it certainly 718 00:45:43,719 --> 00:45:45,560 Speaker 1: is something that needs to be looked at in my 719 00:45:45,640 --> 00:45:49,440 Speaker 1: humble opinion. And the double A is a gigantic moneymaker, 720 00:45:49,520 --> 00:45:51,799 Speaker 1: and you know, this is just irritating the heck out 721 00:45:51,800 --> 00:45:55,880 Speaker 1: of this to be putting up the expenses for this 722 00:45:55,920 --> 00:45:59,600 Speaker 1: college football playoff and getting zero and return right, and 723 00:45:59,640 --> 00:46:02,840 Speaker 1: to to have to bear you know, the schools, you know, 724 00:46:02,960 --> 00:46:04,400 Speaker 1: and the n C double A as you say, to 725 00:46:04,440 --> 00:46:07,399 Speaker 1: have to bear all the costs of enforcement and all 726 00:46:07,440 --> 00:46:10,640 Speaker 1: the rules and all the different things. And then you 727 00:46:10,680 --> 00:46:13,239 Speaker 1: know all the money is going elsewhere. But you know, 728 00:46:13,320 --> 00:46:17,799 Speaker 1: you realize how the the incentives, as they say, are 729 00:46:17,880 --> 00:46:23,319 Speaker 1: not quite aligned. It feels better to be a number 730 00:46:23,360 --> 00:46:25,600 Speaker 1: one than number five, a number because of Mike, we 731 00:46:25,640 --> 00:46:27,000 Speaker 1: have a chance to go for three in a row. 732 00:46:27,120 --> 00:46:29,040 Speaker 1: Good numbers are a good time. When I first started 733 00:46:29,040 --> 00:46:32,400 Speaker 1: wearing the number, how would just have the floomberg business 734 00:46:32,480 --> 00:46:36,279 Speaker 1: of sports? The number of the week? Well, speaking of 735 00:46:36,360 --> 00:46:39,640 Speaker 1: not aligned, Lynchie and I are never aligned when it 736 00:46:39,680 --> 00:46:41,439 Speaker 1: comes to trying to guess the number of the week, 737 00:46:42,560 --> 00:46:45,200 Speaker 1: I'm out of alignment most of the time. I go on, 738 00:46:45,320 --> 00:46:47,400 Speaker 1: I gotta tell you, this is one of the best 739 00:46:47,680 --> 00:46:50,359 Speaker 1: numbers of the week that I came up with. Yeah, 740 00:46:50,440 --> 00:46:52,520 Speaker 1: I'm just gonna come out and say, there's a personal 741 00:46:52,560 --> 00:46:56,240 Speaker 1: reason for this. All of this talk about the Wayne 742 00:46:56,239 --> 00:47:00,239 Speaker 1: Gretzky rookie card in the nine rookie card could fetch 743 00:47:00,280 --> 00:47:05,360 Speaker 1: six figures, maybe seven figures. So and I just found 744 00:47:05,360 --> 00:47:12,640 Speaker 1: this in my attic. I collected baseball cards, and in 745 00:47:12,680 --> 00:47:17,880 Speaker 1: my box, I have the entire nineteen seventy four Tops 746 00:47:18,360 --> 00:47:22,440 Speaker 1: Baseball cards set, all six sixty cards, and it's an 747 00:47:22,440 --> 00:47:27,280 Speaker 1: excellent condition, maybe even near mint. So here's my question. 748 00:47:27,920 --> 00:47:33,960 Speaker 1: According to Amazon, how much is that nine four Tops 749 00:47:34,840 --> 00:47:44,640 Speaker 1: Baseball card set in excellent condition? This is I'd like 750 00:47:44,680 --> 00:47:47,680 Speaker 1: to edit back what you said and say, instead of 751 00:47:47,760 --> 00:47:49,840 Speaker 1: the best number of the week, this is the most 752 00:47:49,880 --> 00:48:00,480 Speaker 1: absurd number. Lucky mes Um, Alright, well you're still working, 753 00:48:00,800 --> 00:48:03,880 Speaker 1: so that makes me think that this isn't like, you know, 754 00:48:04,000 --> 00:48:11,920 Speaker 1: go retire on an island money a thousand bucks. I'm 755 00:48:11,920 --> 00:48:22,400 Speaker 1: gonna go like you guys have Overbiden. Uh it According 756 00:48:22,400 --> 00:48:26,920 Speaker 1: to Amazon, rounded to the nearest dollar, it's six hundred 757 00:48:27,000 --> 00:48:32,919 Speaker 1: dollars and it's not bad. I expected more, but it's 758 00:48:32,960 --> 00:48:38,920 Speaker 1: not bad. So I wish I had that Gretzky card. Yeah, 759 00:48:38,960 --> 00:48:41,879 Speaker 1: that would be love it. That's that on a per 760 00:48:42,000 --> 00:48:47,080 Speaker 1: card basis. That's not a lot of money, just just 761 00:48:47,120 --> 00:48:50,400 Speaker 1: saying did old bar I was like you, It was 762 00:48:50,440 --> 00:48:52,600 Speaker 1: a kid. I had a shoe box and I was 763 00:48:52,719 --> 00:48:54,560 Speaker 1: every night that so I was going through every one 764 00:48:54,560 --> 00:48:57,360 Speaker 1: of my cards and I didn't wasn't doing my homework 765 00:48:57,400 --> 00:48:59,239 Speaker 1: for a couple of weeks, and my dad was a 766 00:48:59,280 --> 00:49:03,640 Speaker 1: smart guy respond to me and yeah, you know what's coming, right, 767 00:49:04,000 --> 00:49:06,080 Speaker 1: And so you know a couple of Mike to do homework. 768 00:49:06,080 --> 00:49:07,880 Speaker 1: Oh yeah, I did it, Dad, Mike, you do a homework. 769 00:49:07,920 --> 00:49:09,440 Speaker 1: And then you know, finally it was like, did you 770 00:49:09,480 --> 00:49:11,480 Speaker 1: do homework? And he grabbed my notebook with all my 771 00:49:11,520 --> 00:49:16,680 Speaker 1: assignments and blank pages, took the shoe box into the 772 00:49:16,719 --> 00:49:22,320 Speaker 1: trash man. Now I never lie. I never lied to 773 00:49:22,400 --> 00:49:28,200 Speaker 1: him again, so was learned. But and for years we 774 00:49:28,320 --> 00:49:29,799 Speaker 1: joked about it. I said, Dad, what do you think 775 00:49:29,840 --> 00:49:33,680 Speaker 1: you throw away there? Because maybe Kyla Streemsky's rookie. Sorry, 776 00:49:32,800 --> 00:49:38,080 Speaker 1: you know, yeah, but then he also probably looked at 777 00:49:38,120 --> 00:49:40,680 Speaker 1: you and said, yeah, you're welcome for going to Harvard. 778 00:49:40,719 --> 00:49:44,879 Speaker 1: You could have yeh, look at it, baseball cards your 779 00:49:45,040 --> 00:49:48,560 Speaker 1: entire life. And you know, I know we got a wrap. 780 00:49:48,560 --> 00:49:50,480 Speaker 1: But it makes me think of the Leave It to 781 00:49:50,520 --> 00:49:55,399 Speaker 1: Beaver episode and Ward has this beautiful baseball and it's 782 00:49:55,400 --> 00:49:59,000 Speaker 1: signed by Babe Ruth and all these other greats. And 783 00:49:59,000 --> 00:50:01,280 Speaker 1: then Beaver go is out and plays with the ball 784 00:50:01,440 --> 00:50:04,160 Speaker 1: and it gets wreck ran over by a car. So 785 00:50:04,200 --> 00:50:08,920 Speaker 1: he tries to recreate it and so so then he 786 00:50:09,000 --> 00:50:11,440 Speaker 1: puts it back and inward. Uh. You know, I was 787 00:50:11,480 --> 00:50:15,160 Speaker 1: trying to show the baseball card baseball to his friends. 788 00:50:15,560 --> 00:50:18,239 Speaker 1: And you see one of the names now, it's Baby Ruth. 789 00:50:21,960 --> 00:50:25,600 Speaker 1: The sound you're hearing right now is people googling Beaver 790 00:50:25,880 --> 00:50:33,879 Speaker 1: Leave it to Beaver Baseball card nine. Right now, you've 791 00:50:33,880 --> 00:50:36,399 Speaker 1: been listening to Blueberg Business of Sports. We're here each 792 00:50:36,400 --> 00:50:39,040 Speaker 1: and every week at the same time, plus online wherever 793 00:50:39,160 --> 00:50:43,000 Speaker 1: you get your podcast. Catch those Mondays, Wednesdays and Thursdays, 794 00:50:43,040 --> 00:50:48,080 Speaker 1: including the long form version of our Conversation Today with Ammy, 795 00:50:48,800 --> 00:50:51,640 Speaker 1: including the long form version of our Great Conversation to 796 00:50:51,719 --> 00:50:54,200 Speaker 1: Day with Amy Privitt Perko from the Night Commission. I'm 797 00:50:54,239 --> 00:50:56,479 Speaker 1: Jason Kelly. You can find me on Twitter at Jason 798 00:50:56,520 --> 00:50:59,360 Speaker 1: Kelly News. And I'm Mike Lynch. I learned my lesson 799 00:50:59,440 --> 00:51:03,160 Speaker 1: dad boy. I wish we had those cards back, and 800 00:51:03,320 --> 00:51:06,080 Speaker 1: you can follow me at Lynch e w CVB hid 801 00:51:06,120 --> 00:51:07,960 Speaker 1: mine under the bed. They didn't know where they were. 802 00:51:08,440 --> 00:51:10,920 Speaker 1: I'm Michael Barr on Twitter at Big Bar Sports. You're 803 00:51:10,920 --> 00:51:13,880 Speaker 1: listening to Bloomberg Business of Sports from Bloomberg Radio around 804 00:51:13,880 --> 00:51:14,280 Speaker 1: the world.